How the mortgage war for your home loan is heating up - a podcast by The Age and Sydney Morning Herald

It’s the biggest expense in many household budgets, and mortgage interest rates are on the move again.

The Reserve Bank has not changed its official cash rate in over a year, but a competition war has broken out in recent months between lenders looking to attract new borrowers – with some offering so-called “cash back” offers of up to $5000.

Today on Please Explain, personal finance editor John Collette joins Jess Irvine to discuss how mortgage holders could score themselves a better deal.

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